Spectra Energy appoints CFO Greg Ebel as chief executive

SAN FRANCISCO (MarketWatch) -- Spectra Energy
SE, +2.45%
on Friday named Chief Financial Officer Greg Ebel to succeed Fred Fowler as president and chief executive when Fowler retires at the end of 2008. The company said it is announcing the appointment to allow for a smooth transition and to allow Ebel the opportunity to develop the company's 2009 budget and underlying strategy for 2009.

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